Apple Pal Inc. The excitement for the new iPhones has helped keep the company’s share price at a record high, with the nearly 40-year-old workhorse showing impressive growth in recent years: Mac Mac. Computer line sales rose 29% to a record 9 9 billion in the previous quarter. Apple has …
Read More »Beyond Meat (BYND) Q32020 has missed revenue
Meat on Monday said it turned to losses in the third quarter after a coronavirus epidemic weakened demand for its meat alternatives in restaurants. CEO Ethan Brown said some of the blame for its low result lies in customer stopping. Panic-buying at the start of the crisis had boosted Beyond’s …
Read More »McDonald’s (MCD) Q32020 earnings top estimate
McDonald’s Restaurant Rent on Oxford Street. Restaurants are only allowed to open for takeover orders during the England Second Lockdown. Dave Rushen | Lightrocket | Getty Images McDonald’s reported quarterly earnings on Monday, topping analysts’ estimates. Helped customers through promotions that led them to return to their restaurants. The company’s …
Read More »Warren Buffett’s profit on Berkshire Hathaway rose 826%, but the epidemic hurt business.
Wern Run Buffett of Berkshire Hathaway Getty Images Omaha, Nab. – Warren Buffett’s organization reported a 3% increase in its third-quarter profit as the value of its investment portfolio increased, but Berkshire Hathaway said the coronavirus epidemic damaged a variety of businesses, such as the BNSF railroad. Berkshire BRKB, + …
Read More »Berkshire Hathaway (BRK) Earnings Q32020
Warren Buffett Gerard Miller | CNBC As the coronavirus epidemic weighed on its operating operating earnings and share prices, Berkshire Hathaway stepped up its stock recharging program in the third quarter, almost doubling the record buyback from the second quarter. Vernon Buffett’s organization bought back 9 billion dollars of its …
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